Philippines to offer P30B in retail treasury bonds
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REUTERS The Bureau of the Treasury (BTr) will offer peso-denominated, five-and-a-half-year retail treasury bonds (RTB) in a minimum principal amount of P30…
Philippines to impose COVID-19 vaccine mandate for on-site workers
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Photo by Michael Varcas, The Philippine Star By Kyle Aristophere T. Atienza, Reporter The Philippine government will require employees, both public and…
October dollar reserves inch up
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REUTERS By Luz Wendy T. Noble, Reporter The country’s foreign exchange buffers slightly increased as of end-October as the value of the…
Meralco rates to increase in November
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By Revin Mikhael D. Ochave, Reporter Residential customers of Manila Electric Co. (Meralco) will see an increase in their electric power bills…
Ayala Logistics to acquire 60% stake in Air21 Group
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Company handout Ayala Logistics Holdings Corp. (AC Logistics) is acquiring a 60% stake in Air 21 Holdings, Inc. (AHI), a company owned…
Ayala Corp. nets P9 billion in Q3
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Ayala Corp. booked a third-quarter net income of P9 billion, which got a boost from the divestment of thermal assets and Ayala…
LT Group books P6B profit in 3rd quarter
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LT Group, Inc. (LTG) saw its third quarter attributable net income improve by 2.3% to P6.22 billion year-on-year, despite a dip in…
JG Summit swings to loss in Q3
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JG Summit Holdings, Inc. slumped back into the red in the third quarter, as its businesses were affected by the reimposed strict…
CLI on track to exceed earnings growth target
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Cebu Landmasters, Inc. (CLI) posted an attributable income of P535.96 million in the third quarter, bringing the nine-month figure to P1.85 billion….
Despite lockdown, Pilipinas Shell returns to profit in Q3
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Shell mobility stations combine a myriad of offerings for anyone in transit (especially bikers) from essentials, food, digital solutions and sustainable innovations,…